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About KRL and SOMM
Kryll is climbing, while Sommelier is falling this week. The current KRL to SOMM conversion rate is 204.21. Inversely, this means that if you convert 1 SOMM you will get 0.004897 KRL. The conversion rate of KRL/SOMM has increased by 0.49% in the last hour (SOMM/KRL decreased by 0.49%). In the last 24 hours, KRL/SOMM grew by 18.24%, while SOMM/KRL shrunk by the same amount.
The exchange rate of Kryll is increasing. The current value of 1 KRL is 204.21 SOMM. In other words, to buy 5 Kryll, it would cost you 1,021.06 SOMM. Inversely, 1 SOMM would allow you to trade for 0.004897 KRL while 50 SOMM would convert to 0.2448 KRL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 34.32%. Meanwhile, in the last 24 hours, the rate has changed by 15.38%, and that the highest exchange rate of 1 KRL to SOMM was 204.84 SOMM and the lowest 24 hour value was 1 KRL for 172.81 SOMM. Last month, 1 KRL was worth 240.89 SOMM. Today, it's down 17.96%. Looking back a year, Kryll has changed by 258.95 SOMM. That means that in a single year, the value of Kryll has shrank by 26.8%.
Kryll Market Stats
KRL is an Ethereum token that powers Kryll, a platform for automated trading strategies. Kryll users can browse, create, and backtest trading strategies while using KRL to pay for their activity on the platform.
Sommelier Market Stats
Sommelier is a non-custodial, cross-chain platform for executing actively-managed DeFi investment strategies. Community members can create Cellars that execute on an investment strategy through smart contracts. Cellars are powered by Strategy Providers (SPs) who develop trading strategies and send the recommended actions to the Sommelier Validators to be executed on the Cellar with the intention of gaining yield. Cellars can be strategies like: A portfolio of BTC and ETH that is rebalanced based on price trends that machine learning algorithms identify An NFT trading strategy that leverages Twitter sentiment around particular collections A strategy that hedges liquidity provision on DEXes Sommelier employs a unique architecture consisting of the Sommelier Cosmos SDK blockchain, an off-chain execution environment that keeps strategies private while allowing them to leverage a wide variety of off-chain data modeling techniques, and one of the best performing ETH bridges. Strategy instructions are passed across this bridge to reposition assets in Cellars. This bridge is also being expanded to allow access to other chains (like Polygon, Avalanche, etc) so strategies are not tied to just high gas ETH markets. Sommelier aggregates and batches transactions, thereby reducing gas fees, providing an attractive alternative to Ethereum’s high transaction costs. As for security, Sommelier uses a decentralized governance mechanism run by validators, ensuring state-of-the-art safety of user funds. Validators pass strategy instructions across the bridge, but users’ assets are never moved across it, instead being deployed directly into Cellars. Further, Cellars are non-custodial, meaning that users can withdraw their assets at any time, while strategy providers never have ownership of those assets.
Conversion tables
KRL to SOMM values from Today at 11:18 pm
0.5 KRL = 102.11 SOMM |
1 KRL = 204.21 SOMM |
5 KRL = 1,021.06 SOMM |
10 KRL = 2,042.12 SOMM |
50 KRL = 10,210.62 SOMM |
100 KRL = 20,421.23 SOMM |
500 KRL = 102,106.15 SOMM |
1,000 KRL = 204,212.30 SOMM |
SOMM to KRL values from Today at 11:16 pm
0.5 SOMM = 0.002448 KRL |
1 SOMM = 0.004897 KRL |
5 SOMM = 0.02448 KRL |
10 SOMM = 0.04897 KRL |
50 SOMM = 0.2448 KRL |
100 SOMM = 0.4897 KRL |
500 SOMM = 2.45 KRL |
1,000 SOMM = 4.90 KRL |
KRL to SOMM over time
KRL | Today | 24H 15.38% | 1M -17.96% | 1Y -26.80% |
|---|---|---|---|---|
0.5 KRL | 102.11 SOMM | 86.41 SOMM | 120.45 SOMM | 129.48 SOMM |
1 KRL | 204.21 SOMM | 172.81 SOMM | 240.89 SOMM | 258.95 SOMM |
5 KRL | 1,021.06 SOMM | 864.05 SOMM | 1,204.46 SOMM | 1,294.75 SOMM |
10 KRL | 2,042.12 SOMM | 1,728.10 SOMM | 2,408.93 SOMM | 2,589.50 SOMM |
50 KRL | 10,210.62 SOMM | 8,640.52 SOMM | 12,044.63 SOMM | 12,947.52 SOMM |
100 KRL | 20,421.23 SOMM | 17,281.05 SOMM | 24,089.25 SOMM | 25,895.05 SOMM |
500 KRL | 102,106.15 SOMM | 86,405.24 SOMM | 120,446.25 SOMM | 129,475.24 SOMM |
1,000 KRL | 204,212.30 SOMM | 172,810.49 SOMM | 240,892.51 SOMM | 258,950.48 SOMM |
Frequently asked questions
Right now, 1 Kryll is worth about $0.1296.
Based on the current rate, you could get 7.72 KRL for 1 USD.
Kryll price has been declining. Since yesterday, the exchange rate of Kryll has decreased. Since last month, the exchange rate of Kryll has decreased. Since this time last year, the price of Kryll has decreased.
You can use our KRL to USD calculator at the top of this page to convert any amount of KRL to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 38.58 KRL. Inversely, 5 KRL will cost about $0.648
Kryll is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Kryll.
There are a number of crypto assets that have the a similar or comparable market cap to Kryll, including OneFootball Credits, Galeon, and NEM. For a more robust list of assets to explore, jump to the asset page dedicated to Kryll.
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